Department of Numbers

Ohio GDP

Ohio GDP was $552,460,000,000 in 2016 according to BEA data. Ohio GDP represents 3.38% of US GDP which made it the 7th largest state economy in the nation in 2016. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Ohio

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Ohio $552.460 +1.66% +5.51% +8.29%

Trends in Ohio Real GDP

Over the 5 years ending in 2016 the Ohio economy grew in real terms by 8.29% at a compound annual growth rate of 1.60% per year. Real Ohio GDP, at $552.460 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Ohio

Historical Real GDP (2009 Chained Dollars) data for Ohio

Date Ohio
(Billions)
2016 $552.460
2015 $543.421
2014 $537.801
2013 $523.587
2012 $518.583
2011 $510.190
2010 $492.419
2009 $479.526
2008 $501.477
2007 $510.613
2006 $511.281

more history ...

Ohio GDP Components: Per-Capita GDP & Popuation

Ohio per-capita GDP was $47,567 in 2016. which is $3,010 lower than the US per-capita GDP. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Ohio

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Ohio Per-Capita GDP $47,567 +1.58% +5.11% +7.64%
Ohio Population 11,614,373 +0.08% +0.38% +0.60%

Trends Real in Ohio Real Per-Capita GDP & Population

Real Ohio per-capita GDP is 7.64% higher today than 5 years prior in 2011. In that time the population in Ohio grew by 69,549 (0.60%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Ohio shown above.

Real Per-Capita GDP (2009 Chained Dollars): Ohio, National

Historical Real Per-Capita GDP (2009 Chained Dollars) and Population data for Ohio

Date US Per-Capita GDP Ohio Per-Capita GDP Ohio Population
2016 $50,577 $47,567 11,614,373
2015 $50,155 $46,826 11,605,090
2014 $49,253 $46,385 11,594,408
2013 $48,538 $45,254 11,570,022
2012 $48,173 $44,896 11,550,839
2011 $47,595 $44,192 11,544,824
2010 $47,287 $42,667 11,540,983
2009 $46,680 $41,593 11,528,896
2008 $48,401 $43,548 11,515,391
2007 $49,126 $44,399 11,500,468
2006 $48,880 $44,532 11,481,213

more history ...